Cesarnc's market talk, gossips, rumours & fun

Yes. He and chonchy are having a playground fight. Do you remember those?

I'm not sure what harm we're doing here to deserve the outburst.

Not as much harm as Bemac's long call on EUR/USD redux thread a couple of weeks ago. Never seen it drop so hard...

It's reassuring. I like to get it madly wrong as well from time to time. The trick is in the trading, as knuckledrag pointed out to me...

Like a great Scottish comedian Arnold Brown once said: "Self deprecation is a great way to win friends. But I was never very good at it".

One day, after a man had his annual physical, the doctor came out and said: "You had a great checkup. Is there anything that you'd like to talk about or ask me?"

"Well," he said: "I was thinking about getting a vasectomy."

"That's a pretty big decision. Have you talked it over with your family?"

"Yeah, and they're in favor 15 to 2."

That was one main reason this thread was started, in the first place. I got sick of all those trading calls on euro and cable.

At the end of the day, what moved the currencies were not logic, or techs or fundis. They were talks, gossips and rumours...

Gotta go. Big day ahead, all the way to the evening. ADP BS coming, but the starlet of the week is the NFP.

http://a1.vox.com/6a00cdf39deee1cb8f...9c29860c-500pi

I see unremitting gloom all round in the UK economy. We need action now but politicians are paralysed because:

(a) They're plain stupid and half of them fiddled their expenses anyway. Let's face it, even those who worked within the "rules" claimed far more than they needed to. A great "lead by example" for the British public. Want to pay taxes? No way...

(b) A general election is expected on 6 May and must be held by 3 June so the present government doesn't want to give out the bad news before then and lose votes. The bad news being tax increases, pay cuts, spending cuts. Overall - switch off the economy. And don't expect a big turn out for these fraudsters.

(c) Energy prices set to increase by 20% in the next 10 years.

(d) Printing money (politely called quantitative easing) leads to inflation. Hikes in interest rates come next. Just what industry and home owners don't need.

So I think the compression on cable now manifest on the weekly chart will result in a break out downwards. From 1.58 to possibly 1.35 and that equals 2,300 pips. You read it first here.

Smikester.

It's here in the U.S. too, for just about all the same reasons. I also hear from business contacts in Europe that they feel the same way. What really matters in Forex is the relationship of the countries' currencies to each other. That is driven more by business realities than speculation.

Reporter gets shot at point-blank range. (Yes, it's for real)

http://bit.ly/b5iNIK

.

Yes. As a trader I'm quite aware of that. Thank you.

Here is a quote: It's not just a Euro sell off. It's also USD strength. I'm currently short GBP and NZD. I was also short CHF and CAD but accidentally took profit. http://cdn.forexfactory.com/images/s...yim/tongue.gif You can see Euro weakness across the board but look at AUD/USD for the past two weeks?

Funny thing. China pegged the Yuan to the USD. Oil is still priced in USD.

' Meanwhile, the USD rose as investors lost their appetite for risk, worrying about China's attempts to slow its economic growth."That market seems to be on fire today," he said. "The dollar's incredible strength is definitely going to put pressure on the market." ' (source - CNN)

Good luck with shorting the dollar, by the way. It will be interesting to see what happens at 50% loss of last years gains - 1.38?

Something spooked the living hell out of Euro off the 1.40 LOL...

NFP looming, to me Feb will be all about it. Waiting game begins...

Yesterday I went to my first day in therapy. Decided to give it a shot to ease this anxiety I have.

Got there, there were 8 people in front of me coz the doc was 3 hours behind the schedule. And I thought "well, I came here to heal anxiety and they ask me to wait 3 hours?". Vanished from the place, never to be seen, stopped at a small mall, had 2 beers and a gnocchi with steak.

Tell me about failure

Sounds like a good anxiety cure, no?

Whattahell I

Whattahell II http://cdn.forexfactory.com/images/s...m/surprise.gif

DAMMM.......

Silence from this thread on a Friday, would of never thought of it.

Hope everyone is doing well.

HOLLA

Hey Turtle
Hope your Studing is going Ok....
i think they are all counting the Cash or are SHELL SHOCKED.....!!

baz

Is Monday over now, Turtle? Thank goodness for that. Hmm. It goes very quiet without Chonchy to spark off. Hope everyone was on the right side of this week's trades. I was and I'm grateful. Have a great weekend everybody. I took the day off today and went shopping with the missus. Now the weekend is clear of obligation. (I hope)

Yo Turtle's back, nice to see you...

Had to rush to make delivery today. To my biggest client, so you know. They shake the greens, we shake the tail, run, sit, catch the frisbee and all.

Busy big week has come to an end...

Nasty reaction on NFP numbers + HUGE revision. The revision alone was a bad NFP.

Dow lost 10k, GJ is nose diving and Euro lost an import level at the 1.38, that if held, would be very bullish.

Traders with heart conditions must avoid looking at the Brazilian stock market, too.

FRIDAY!

http://images.blu-ray.com/reviews/829_1.jpg

An homage to a busy week, to John Malkovich

Boy, it's hot down here... It's HOT, HOT, HOT.

Here in São Paulo we are having from 33ºC to 37ºC (*9/5 +32 for ºF). The heat + humidity from the ocean means HUGE MONSTER thunderstorms in a daily basis. 70+ killed by the flood already.

Thermal sensation above 40ºC in São Paulo

Yesterday, 41ºC in Rio, highest since 1961. Thermal sensation through the roof.

On the beach, they are testing skin cancer's patience:

http://p1.trrsf.com.br/image/get?src...6859-atm14.jpg

http://p1.trrsf.com.br/image/get?src...2334-atm14.jpg

http://p1.trrsf.com.br/image/get?src...0806-atm14.jpg

But we luv'em